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Wednesday, February 15, 2012

Gold demand up as prices steady near 1-week low

India gold demand edged up on Wednesday as prices stayed flat near their lowest level in week as stronger rupee at home offset support from firm overseas markets, traders said.

At 1:58 p.m., the most-active gold for April delivery on the Multi Commodity Exchange (MCX) was 0.09 percent higher at 28,109 rupees per 10 grams.

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